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Please help with all four! Thank you! In general, revenue is recognized when: Multiple Choice an Item is recorded in the accounts. when there is

Please help with all four! Thank you!

In general, revenue is recognized when:

Multiple Choice

an Item is recorded in the accounts.

when there is a decrease in net assets.

an asset is converted into a cash flow.

a commitment is converted into a cash flow.

Which of the following is a pervasive constraint related to relevance?

Multple Choice

Understandability

Timeliness

Materiality

Falthful representation

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